India’s Approach to Green Hydrogen
India is very ambitious in using green hydrogen on a large scale. India plans on producing 5 million metric tonnes per year (MTPA) by 2030.
The Indian government is promoting the growth of the green hydrogen sector via several programs like:
1. National Green Hydrogen Mission
The National Green Hydrogen Mission (NGHM): It is a initiative by Indian Government to promote Use and Production of green hydrogen. It was launched in January 2023.
It’s primary objective are:
- Producing 5 million metric tonnes per year (MTPA) of green hydrogen by 2030.
- Reducing the cost of green hydrogen production by 50% by 2030.
- Creating a domestic market for green hydrogen.
- Promoting international cooperation on green hydrogen.
2. Financial Help
Indian Government is providing lot’s of Financial support to promote use of green hydrogen:
- Capital subsidy of 25% for green hydrogen production projects
- Tax break of 100% on the profits of green hydrogen production projects for the first five years of operation
- Feed-in tariff of ₹10 per unit for green hydrogen that is sold to the grid
- Purchase guarantee of 500,000 tonnes of green hydrogen per year from domestic producers
4. Developing Green Hydrogen Plants in India
Indian government has already started building green hydrogen plants in India. Some of the green hydrogen plants in India are mentioned below:
- L&T Green Hydrogen Plant, Hazira, Gujarat
- Indian Oil Corporation Green Hydrogen Plant, Panipat, Haryana
- Reliance Industries Green Hydrogen Plant, Jamnagar, Gujarat
- Adani Green Hydrogen Plant, Mundra, Gujarat
- Oil India Green Hydrogen Pilot Plant, Jorhat, Assam
Green Hydrogen
Green Hydrogen: Climate change issues are one of the most highlighted issues in recent times. Various issues arise due to the frequent climatic changes in the environment. This is an important topic from an exam point of view because the government is committed to a sustainable climate and many steps taken in this regard.
In the era of climate consciousness and the pursuit of sustainable energy sources, green hydrogen has emerged as a promising source for a cleaner future. Unlike its conventional counterparts, green hydrogen is produced using renewable electricity, making it a zero-emission fuel with the potential to revolutionize various industries, from transportation to power generation.
This article delves into the world of green hydrogen, exploring its production methods, types, advantages, applications, and the challenges that lie ahead in its widespread adoption. Keep reading!
- What is Green Hydrogen?
- How is Green Hydrogen Obtained?
- Types of Hydrogen as Fuel
- Major Advantages of Green Hydrogen
- Hydrogen as Clean Energy
- How Hydrogen Vehicle is better than Electric Vehicles
- Major Challenges of Green Hydrogen
- India’s Approach to Green Hydrogen
- Top Green Hydrogen Companies in the World
- Blue Hydrogen vs Green Hydrogen
- Best Green Hydrogen Stocks in the World